Global AI Agent Market Set for Rapid Expansion as Major Tech Firms Introduce New Services

The global AI agent market is poised for explosive growth as tech giants such as Google, Microsoft, and IBM launch innovative AI agents aimed at enhancing efficiency across multiple industries. With projected growth from $5.1 billion in 2024 to $47.1 billion by 2030, these agents promise to significantly improve user convenience and operational effectiveness.

The global AI agent market is set for significant growth as major technology corporations unveil new services centered around artificial intelligence. Industry leaders such as Google, Microsoft, IBM, and OpenAI are introducing innovative AI agents aimed at enhancing efficiency and user convenience across various sectors. These agents are designed to save time by automating tasks traditionally performed by humans, fundamentally changing the way businesses operate.

Google is preparing to launch its AI agent service named “Jarvis,” which is expected to assist users with tasks such as online shopping and flight bookings. Accompanying this development is the anticipated debut of the next-generation large language model, “Gemini.” Microsoft’s own advancements were showcased during the Microsoft Ignite 2024 conference. CEO Satya Nadella highlighted the introduction of several AI agents under the “M365 Copilot” umbrella, including an “Interpreter Agent” for real-time voice interpretation and an “Employee Self-Service Agent” designed to streamline employee inquiries regarding benefits and leave.

IBM has also embraced AI agent technology across multiple industry verticals, particularly in human resources and healthcare. AI agents in HR are utilized to tailor onboarding programs to the specific skills of new employees, while in healthcare, they assist with patient data management and treatment suggestions. IBM’s newly launched SWE-Agent 1.0 facilitates software developers by addressing issues on GitHub, enabling them to concentrate on more complex challenges.

Additionally, competitors such as Anthropic and OpenAI are making strides in this evolving market. Anthropic has introduced an agent named “Computer Use” for information retrieval and task management. OpenAI is working on a versatile AI agent codenamed “Operator,” expected to launch in January, designed to undertake a variety of tasks for users.

The competitive landscape is fueled by optimism surrounding the anticipated market growth. MarketsandMarkets forecasts an expansion of the AI agent sector from $5.1 billion in 2024 to an impressive $47.1 billion by 2030, which translates to a compounded annual growth rate (CAGR) of 44.8%. These emerging AI technologies are poised to enhance user experience significantly by providing convenient, automated solutions.

The development of AI agents represents a pivotal evolution in how technology can improve efficiency in various industries. As big tech companies race to create sophisticated AI-driven solutions, the integration of AI agents into everyday tasks is becoming increasingly essential. With potential applications in numerous fields, from corporate management to healthcare, the rise of AI agents signifies a shift towards automation that prioritizes user convenience and operational efficiency.

In conclusion, the AI agent market is undergoing rapid expansion with major firms like Google, Microsoft, and IBM leading the charge in unveiling new technologies. These agents not only promise to streamline tasks and save time for users but are also projected to drive considerable market growth over the next several years, with an expected increase from $5.1 billion to $47.1 billion by 2030. As AI continues to develop and be integrated across various sectors, its capacity to enhance efficiency and improve user experiences becomes increasingly vital.

Original Source: www.businesskorea.co.kr


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